KeyCorp rises after raising annual revenue forecast
KEY•Analyst reaction and stock context
"We expect the stock to react positively in the near term as the updated revenue outlook is favorable to the 2026 consensus estimates of 7.4%," Stephens analyst Matt Olney said.
According to data compiled by LSEG, 11 of 20 brokerages rate the stock "buy" or higher and 9 rate it "hold"; the median price target is $25.
As of the last close, KEY stock was up 5.8% year to date.
KeyCorp raises annual revenue growth outlook
U.S. regional lender KeyCorp's KEY.N shares rose 0.6% to $21.98 after the company said it now expects annual revenue growth of about 8%, compared with its prior forecast of 7% to 8%.
The revised forecast was driven by a stronger outlook for fee income growth.
KeyCorp finance chief Clark Khayat is set to present at the Barclays Global Financial Services Conference at 2:45 p.m. ET (1845 GMT).
